The newest remedies provided for herein was collective and are perhaps not personal of any almost every other treatments provided with legislation
Debtor agrees to blow to Lender practical attorneys’ charge and sensible legal costs obtain inside the enforcing Lender’s liberties, powers and you may treatments not as much as that it Contract and each almost every other Mortgage File
Section 7.03 Owed and you will Payable. Upon the occurrence of any Event of Default which has not been waived in writing by Lender, Lender may, by notice to Borrower, declare all Obligations to be immediately due and payable, and any obligation of Lender to make any Loan Advance to Borrower shall thereupon immediately terminate. Upon such declaration, the Obligations shall become immediately due and payable, both as to principal and interest, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, anything contained herein or in the Note or other evidence of such Obligations to the contrary notwithstanding, except with respect to any Event of Default set forth in Section 7.01(d), in which case all Obligations shall automatically become immediately due and payable without the necessity of any notice or other demand, and any obligation of Lender to make any Loan Advance to Borrower shall immediately terminate. Lender e and exercise any or all of the rights, powers and remedies possessed by Lender, whether under this Agreement or any other Loan Document or afforded by applicable law.
An event regarding Default hereunder and you will below people Mention otherwise under any of the Loan Files is deemed become persisted until and you may up to waived on paper by Financial, given that provided from inside the Area 7
Section 7.05 Standard Speed. Without regard to whether Lender has exercised any other rights or remedies hereunder, if an Event of Default shall have occurred and be continuing, the applicable Margin in respect of the Interest Rate under the Note shall be increased, to the extent permitted by law, as set forth in clauses (iii)(A) and (iii)(B), as applicable, of the definition of Margin.
Section 8.01 Entire Arrangement. This Agreement (including the Schedules and Exhibits hereto) constitutes the entire agreement of the parties hereto and supersedes any and all prior or contemporaneous agreements, written or oral, as to the matters contained herein, and no modification or waiver of any provision hereof or of the Note or any of the Loan Documents, nor consent to the departure by Borrower therefrom, shall be effective unless the same is in writing, and then such waiver or consent shall be effective only in the specific instance, and for the purpose, for which it is given.
Section 8.02 Waivers, endment otherwise waiver effected in line with loan in Mcdonald Chapel this information VIII shall feel joining abreast of Financial and you may Borrower; and you may Lender’s failure to help you require brand new strict overall performance of any title, updates and other supply from the Arrangement, brand new Notice or the Mortgage Data, or to exercise any correct otherwise option hereunder or thereunder, will maybe not constitute a great waiver by Bank of any such term, updates or other provision or Default or Experiences off Standard in connection therewith, nor shall a single or partial get it done of any for example best or solution prevent any other otherwise upcoming exercise, and/or exercise of any other correct or remedy; and you may one waiver of every eg name, standing or other supply or of any particularly Default or Enjoy out of Default will maybe not apply at or change which Agreement, the newest Mention or some of the Loan Records, and each name, updates and other supply regarding the Contract, the brand new Notice and also the Mortgage Data files shall, this kind of skills, continue in full push and you will effect and you may would be medical which have respect to the almost every other next current or next Default or Event regarding Default in union therewith. 02.
